Boutique private banking group, EFG International, will resist replacing its deputy chief executive officer, Lukas Ruflin, as he steps down from his role for a “long-planned sabbatical”. In line with the Zurich-headquartered private bank’s ongoing focus on cost management, Ruflin, in his absence, will continue to be an advisor on capital markets to John Williamson, CEO of EFG International, while…

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